AP Legal and PwC Legal Advise on Eos Matrix's NPL Portfolio Acquisition from Deposit Insurance Agency of Serbia

AP Legal and PwC Legal Advise on Eos Matrix's NPL Portfolio Acquisition from Deposit Insurance Agency of Serbia

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AP Legal has advised EOS Matrix on its acquisition via tender of the non-performing loan portfolios of Agrobanka Beograd, Nova Agrobanka Beograd, Privredna Banka Beograd, Razvojna Banka Vojvodine Novi Sad, and Univerzal Banka Beograd from the Deposit Insurance Agency of Serbia, acting in its capacity as the bankruptcy administrator for the banks. PwC Legal advised the Deposit Insurance Agency of Serbia.

This is the first tender sale of an NPL portfolio by the Deposit Insurance Agency on the Serbian market. The nominal value of the portfolio is around EUR 242,000,000. Financial details of the transaction were not disclosed.

EOS Matrix is a company that deals in international receivables management, including fiduciary collection, debt purchase, and business process outsourcing.

The AP Legal team included Counsels Aleskandar Preradovic and Aleksandra Jovic and Senior Associate Dusan Preradovic